The Treasury Renches increased on Thursday, when investors considered the state of the US economy after the chairman of the Federal Reserve Jerome Powell raised concerns about the inflationary risk and economic growth of the White House tariffs.
At 3:55 et, reference point 10-year treasure The efficiency increased about 4 base points to 4.319%. . 2-year treasury performance They are more than 2 base points up to 3.815%.
One base point is 0.01%, and yields and prices move in opposite directions.
Investors are considering Powell's comments on Wednesday, when the leader of the Central Bank said that the Fed may be in a sticky dilemma of trial inflation control and support for economic growth.
The tariffs of US President Donald Trump caused uncertainty about the increase in the US economy, and Powell said that he was expecting “increase in inflation” and reducing growth this year.
“We can find ourselves in a difficult scenario in which our double goals are tense,” said Powell. “If that happened, we would think about how far the economy is from every goal, and potentially different time horizons over which these appropriate gaps would be expected.”
Deutsche Bank analysts said in a note that despite the gloomy image of Powell, it does not seem to hurry to economic challenges.
“His comments added that the Fed would not hurry to react to weaker surveys from recent weeks,” the analysts said. “In addition, he disregarded the need for Fed market intervention, noting that the markets remained ordered, even if they” struggled with great uncertainty. “
After strong retail data, investors will now expect the latest residential and weekly initial unemployed claims on Thursday.